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Amalgamated Bank Provides $14 Million Refinance Loan For Student Housing In Berkeley

Property Image
FINANCED
$14,000,000
Tom Dao
Alex Poulos
Toby Judge

California

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Student Housing
Financed 04/10/2026
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Property Image
FINANCED

Amalgamated Bank Provides $14 Million Refinance Loan For Student Housing In Berkeley

2715 Dwight Way

See Similar Deals
Student Housing
Financed 04/10/2026
Tom Dao
Alex Poulos
Toby Judge
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Student Housing
Transaction Type:Loan

The asset involved in this transaction is a student housing property located at 2715 Dwight Way in Berkeley. The property features 109 beds and is adjacent to the University of California, Berkeley campus. A refinancing loan amount of $14,000,000 was arranged for this property.

Summary of transaction details:

The refinancing loan was structured with interest-only terms and a long amortization, ensuring financial stability for a privately held student housing investment. Gantry played a crucial role in arranging this permanent financing for the deal.

Players

Tom Dao
Gantry
Tom Dao
9 deals$230.5M volume(415) 956-9858
BROKER
Alex Poulos
Gantry
Alex Poulos
14 deals$196.1M volume(415) 946-6096
BROKER
Toby Judge
Gantry
Toby Judge
1 deal$14M volume(415) 956-9922
BROKER
Amalgamated Bank
Amalgamated Bank
LENDER
Amalgamated Bank
Amalgamated Bank
LENDER

Details

FINANCED
IMAGE: Tom Dao, Alex Poulos & Toby Judge DATE: 04/10/2026 ADDRESS: 2715 Dwight Way MARKET: Berkeley ASSET TYPE: Student Housing LENDER: Amalgamated Bank (@Amalgamated_Bank) BROKERS: Tom Dao, Alex Poulos & Toby Judge - Gantry (@Gantry_Inc) LOAN AMOUNT: $14,000,000 LOAN TYPE: Refinance LOAN TERMS: five-year, fixed-rate, nonrecourse NOTE: Gantry arranged a $14 million permanent refinancing loan for a student housing property at 2715 Dwight Way in Berkeley, steps from the University of California, Berkeley campus.The 109-bed asset was refinanced with a five-year fixed-rate loan from Amalgamated Bank featuring interest-only terms and long amortization, providing stability for a privately held student housing investment.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$14,000,000.00

Monthly NOI$93,333.33
Monthly Debt Service$88,489.52
Change in Cash Flow$0.00
Refinance Proceeds$0.00